Pachter: PlayStation Now is a Joke Since CES 2014, we've heard a decent amount of news about Sony's PlayStation Now streaming service. For those that are out of the loop, the idea relies on a Netflix-like business model for playing decades worth of classic PSOne, PS2, and PS3 titles. At launch PS3 will be the only supported console, with others being added to the list in later years. It all sounds great in theory, but industry analyst Michael Pachter thinks the hardware maker is going to have some trouble securing licenses for content outside of their own development umbrella. While speaking to Game Informer, (via IGN) the controversial industry analyst said "PlayStation Now is a joke. There is no publisher that is going to license content that's less than two-years old because they would be concerned that they can't sell as many copies if they make it available for subscription or rental...This has no prayer of working. None." Mister Pachter does have a spotty track record of incorrect and correct assumptions, so keep this in mind when consulting his speculation. Source: Dashhacks
